Mike Wheatley / SiliconANGLE:
GitLab reports Q1 revenue up 27% YoY to $214.5M, vs. $213.2M est., net loss of $36.3M, vs. $55.5M last year, raises earnings outlook; GTLB down 12%+ after hours� -� Shares of the DevOps pioneer GitLab Inc. were battered and bruised in late trading today after it increased its full-year profit outlook ...

http://www.techmeme.com/250610/p40#a250610p40

Takashi Mochizuki / Bloomberg:
Nintendo says it sold 3.5M Switch 2 consoles globally in its first four days, a record for any of its hardware; Nintendo aims to sell 15M units by March 2026� -� The numbers, released by the company Wednesday, bode well for its target to sell 15 million units by March next year.

http://www.techmeme.com/250610/p41#a250610p41

Financial Times:
Sources: Peter Thiel-backed crypto exchange Bullish has confidentially filed for a US IPO amid surging demand for digital assets under the Trump administration� -� Group seeking to tap a wave of enthusiasm for digital assets as Trump vows to cut regulations

http://www.techmeme.com/250610/p42#a250610p42

Allie Garfinkle / Fortune:
Laurel, which uses AI to map how workers spend time by integrating with tools like Slack and Outlook, raised a $100M Series C led by IVP at a $510M valuation� -� Ryan Alshak, founder and CEO of Laurel.� -� Laurel� -� Time is relentless, dwindling, and utterly relative.

http://www.techmeme.com/250611/p1#a250611p1

The Information:
Salesforce is restricting third-party companies from long-term indexing and storing of Slack messages, which would hamper rival enterprise AI firms like Glean� -� Slack, an instant-messaging service popular with businesses, recently blocked other software firms from searching or storing Slack messages ...

http://www.techmeme.com/250611/p2#a250611p2

Nikkei Asia:
Analysis: Nvidia's $500B US spending plan has accelerated the US AI server ecosystem development, with at least eight suppliers unveiling new investment plans� -� TAIPEI - At Foxconn's manufacturing hub in Houston, Texas, hundreds of construction workers and engineers are working tirelessly ...

http://www.techmeme.com/250611/p3#a250611p3

Fabrice Deprez / Financial Times:
Ukraine's security service says AI allowed its drones to keep flying "along a pre-planned route" even after losing signal in Russia during "Operation Spiderweb"� -� Artificial intelligence took over the steering of unmanned quadcopters after losing signal

http://www.techmeme.com/250611/p4#a250611p4

Ricardo Brito / Reuters:
A majority of six of the 11 judges on Brazil's Supreme Court have voted to hold social media companies liable for some types of users' content seen as illegal� -� Brazil's Supreme Court formed a majority on Wednesday to hold social media companies accountable for some types of content published ...

http://www.techmeme.com/250611/p42#a250611p42

Reuters:
Nvidia plans to build its first industrial AI cloud platform in Germany for European manufacturers, combining AI with robotics to assist carmakers like BMW� -� Nvidia (NVDA.O) will build its first artificial intelligence cloud platform for industrial applications in Germany ...

http://www.techmeme.com/250611/p43#a250611p43

MacKenzie Sigalos / CNBC:
Chime priced its US IPO at $27 a share, above the expected range, raising ~$700M and another $165M from shares sold by investors, valuing the company at $11.6B� -� Chime priced its IPO at $27 per share on Wednesday, above the expected range, in an offering that values the provider of online banking services at $11.6 billion

http://www.techmeme.com/250611/p44#a250611p44

Samantha Cole / 404 Media:
Some domains of Nvidia, Stanford, NPR, and the CDC were exploited to host AI spam blogs redirecting users to a spam marketing site� -� Web domains owned by Nvidia, Stanford, NPR, and the U.S. government are hosting pages full of AI slop articles that redirect to a spam marketing site.

http://www.techmeme.com/250611/p45#a250611p45

Sri Muppidi / The Information:
Sources: OpenAI talked with Saudi Arabia's PIF, India's Reliance, and the UAE's MGX about investing in the next installment of its $40B round led by SoftBank� -� OpenAI has talked to Saudi Arabia's Public Investment Fund, Indian conglomerate Reliance Industries and existing shareholder United ...

http://www.techmeme.com/250611/p46#a250611p46

The Information:
Sources: Meta's Scale AI deal was motivated by Mark Zuckerberg's desire to find new leadership for Meta's AI efforts, relationship with Alexandr Wang, and more� -� Meta Platforms CEO Mark Zuckerberg has tried to fix a seemingly existential problem in recent months.

http://www.techmeme.com/250611/p47#a250611p47

Bill Toulas / BleepingComputer:
An Interpol-led law enforcement action in 26 countries disrupted infostealer operations, leading to takedowns of 20K+ malicious IPs and domains and 32 arrests� -� An international law enforcement action codenamed "Operation Secure" targeted infostealer malware infrastructure ...

http://www.techmeme.com/250611/p48#a250611p48

Jordan Novet / CNBC:
Databricks says it expects to generate $3.7B in annualized revenue by July, up 50% YoY, with nearly 50 of its 15,000+ customers spending over $10M annually� -� Databricks, a data analytics software vendor, said on Wednesday that it expects to generate $3.7 billion in annualized revenue by July, with year-over-year growth of 50%.

http://www.techmeme.com/250612/p1#a250612p1

Ryan Barwick / Axios:
Tel Aviv-based Tastewise, which uses gen AI to automate sales and marketing for food and beverage companies, raised a $50M Series B led by Telus Global Ventures� -� Tastewise, an AI-marketing platform for food and beverage companies, raised a $50 million Series B led by Telus Global Ventures, the company tells Axios Pro.

http://www.techmeme.com/250612/p2#a250612p2

Cate Lawrence / Tech.eu:
London-based Definely, whose AI tools help law firms draft and review legal contracts, raised a $30M Series B led by Revaia, with Clio and others participating� -� Definely allows lawyers to retain contextual understanding of legal documents by instantly surfacing relevant information within and across contracts.

http://www.techmeme.com/250612/p3#a250612p3

Andrew Cunningham / Ars Technica:
An interview with Craig Federighi on the new multitasking UI in iPadOS 26, problems with Stage Manager, and why the iPad's Mac-style multitasking took so long� -� Federighi talks to Ars about why the iPad's Mac-style multitasking took so long.� -� CUPERTINO, Calif.-When Apple Senior Vice President ...

http://www.techmeme.com/250612/p4#a250612p4

Chris Metinko / Axios:
Ferm�t, which uses AI to analyze e-commerce store performance and audience behavior for personalized campaigns, raised a $45M Series B led by VMG Partners� -� Ferm�t, a commerce platform, raised a $45 million Series B round led by VMG Partners, co-founder and CEO Rishabh Jain tells Axios Pro.

http://www.techmeme.com/250612/p5#a250612p5

Nikkei Asia:
TSMC opens a joint research lab with the University of Tokyo, the company's first with a university outside Taiwan, expanding a relationship that began in 2019� -� TOKYO - Taiwan Semiconductor Manufacturing Co. has launched a joint research laboratory with the University of Tokyo ...

http://www.techmeme.com/250612/p6#a250612p6

Emily Mason / Bloomberg:
A profile of Airwallex co-founder Jack Zhang, who turned down Stripe's $1.2B offer seven years ago; the fintech is now valued at $6.2B and plans an IPO in 2026� -� Seven years ago, Airwallex co-founder Jack Zhang walked away from what looked like the deal of a lifetime.

http://www.techmeme.com/250612/p7#a250612p7

Cynthia Littleton / Variety:
A look at Apple's vision for Apple TV+ and its film business, as Tim Cook says the company's $200M+ bet on the F1 movie is about more than selling iPhones� -� Apple CEO and Formula 1 superstar Lewis Hamilton join forces on 'F1 the Movie' to take the tech giant's film business to new heights

http://www.techmeme.com/250612/p8#a250612p8

Jessica Toonkel / Wall Street Journal:
Sources: Netflix has held talks with Spotify about partnering on projects such as a music awards show, as it adds content that was core to the cable bundle� -� The streamer has had talks with Spotify about partnering on events� -� Netflix ascended by offering prestige TV and movies on demand for a monthly fee.

http://www.techmeme.com/250702/p25#a250702p25

Eddie Makuch / GameSpot:
Microsoft cuts hundreds of Xbox jobs across studios, sources say including Halo Studios and King, and cancels games like Perfect Dark and Everwild� -� Microsoft announced mass layoffs on July 2 impacting many areas of the company's sprawling business, including Xbox.

http://www.techmeme.com/250702/p26#a250702p26

Vicky Ge Huang / Wall Street Journal:
Ripple applies for a US national banking license, which would place Ripple's dollar-backed stablecoin, RLUSD, under the US OCC's regulatory remit� -� A national banking charter would make the OCC a regulator of Ripple's stablecoin� -� Ripple has applied for a national banking license ...

http://www.techmeme.com/250702/p27#a250702p27

MacKenzie Sigalos / CNBC:
OpenAI says the tokenized OpenAI shares that Robinhood has started offering are not equity: "We did not partner with Robinhood ... and do not endorse it"� -� OpenAI is distancing itself from Robinhood's latest crypto push after the trading platform began offering tokenized shares of OpenAI and SpaceX to users in Europe.

http://www.techmeme.com/250702/p28#a250702p28

Molly Taft / Wired:
xAI has been granted a permit to operate 15 gas turbines at its Memphis campus until 2027, despite protests and a potential NAACP lawsuit over air pollution� -� xAI's gas turbines get official approval from Memphis, Tennessee, even as civil rights groups prepare to sue over alleged Clean Air Act violations.

http://www.techmeme.com/250702/p29#a250702p29

Jordan Novet / CNBC:
Datadog is joining the S&P 500, replacing Juniper Networks after HPE acquired Juniper, before trading on July 9; DDOG jumps 10%� -� Datadog shares were up 10% in extended trading on Wednesday after S&P Global said the monitoring software provider will replace Juniper Networks in the S&P 500 U.S. stock index.

http://www.techmeme.com/250702/p30#a250702p30

Mackenzie Hawkins / Bloomberg:
Siemens says it has restored full access to its chip design software for its Chinese clients after the Trump admin lifted export curbs, initially imposed in May� -� President Donald Trump's administration has lifted recent export license requirements for chip design software sales in China ...

http://www.techmeme.com/250702/p31#a250702p31

Peiyue Wu / Rest of World:
Some Chinese universities are using AI detection tools to screen papers, but false positives force students to "dumb down" content or pay for rewriting services� -� As Chinese universities crack down on AI use, some students report false positives - and a booming industry of work-around tools is emerging.

http://www.techmeme.com/250702/p32#a250702p32

Bloomberg:
Baidu overhauls its search engine with AI features and a voice function in its most sweeping revamp in years, and rolls out its first image-to-video model� -� The Beijing-based company said it wants to make its mobile app more like an AI chatbot that can help users with writing, drawing and trip planning tasks.

http://www.techmeme.com/250703/p1#a250703p1

Financial Times:
Sources: Bumble CEO Whitney Wolfe Herd says Bumble's "centre of gravity" will move to the US where the "talent pool is right now"; 70% of its staff are UK-based� -� CEO Whitney Wolfe Herd warns 'dating apps are feeling like a thing of the past'

http://www.techmeme.com/250703/p2#a250703p2

Thomas Seal / Bloomberg:
Uber drivers in British Columbia joined a union, seeking to negotiate Canada's first bargaining agreement for rideshare drivers; Uber has agreed to meet� -� Uber drivers in Greater Victoria, the province's capital, joined UFCW 1518 before they kick off talks with the San Francisco-based platform ...

http://www.techmeme.com/250703/p3#a250703p3

Boone Ashworth / Wired:
A look at the ~$377 TranscribeGlass smart glasses that use AI to subtitle conversations in nearly real time, built for the deaf or hard-of-hearing� -� TranscribeGlass can subtitle conversations in nearly real time and will soon be able to translate languages and tell you when the person you're talking ...

http://www.techmeme.com/250703/p4#a250703p4

Spiegel Online:
A whistleblower details Clothoff, an AI-powered nudify app that owns 10 similar services; Clothoff had 27M visitors in H1 2024 and produced 200K images daily� -� AI-generated naked images of real women is the business model behind Clothoff, a dubious "nudify" app that has millions of visitors.

http://www.techmeme.com/250703/p5#a250703p5

Zach Vallese / CNBC:
AI is making it easier to create VTubers and faceless voiceover channels, fueling a flood of virtual creators on YouTube and TikTok amid concerns over AI slop� -� One of the most popular gaming YouTubers is named Bloo, and has bright blue wavy hair and dark blue eyes.

http://www.techmeme.com/250703/p6#a250703p6

Washington Post:
Whit; collar workers are increasingly using AI note-taking apps to assist them during Zoom meetings or fully represent them when they choose not to attend� -� Video calls can be a drag - some workers send a bot in their place.� -� Summary15� -� Clifton Sellers attended a Zoom meeting last month where robots outnumbered humans.

http://www.techmeme.com/250703/p7#a250703p7

Sarah Perez / TechCrunch:
Similarweb: since the launch of Google's AI Overviews, the number of news searches that result in no click-throughs grew from 56% in May 2024 to 69% in May 2025� -� Referrals from ChatGPT to news publishers are growing, but not enough to counter the decline in clicks resulting ...

http://www.techmeme.com/250703/p8#a250703p8

Kirk Ogunrinde / Bloomberg:
Bitcoin's implied volatility declined to the lowest level in two years, showing decreased price swings and trading between $93K to $111K in the past two months� -� With Bitcoin stuck in a narrow trading range for much of the year, one of key attractions of the largest digital currency since its earliest days is waning.

http://www.techmeme.com/250703/p9#a250703p9

Gina Kolata / New York Times:
� -� Scientists show that the frequency of a set of words seems to have increased in published study abstracts since ChatGPT was released into the world.

http://www.techmeme.com/250703/p10#a250703p10

Business Insider:
Leaked documents: Meta is training custom AI chatbots to message users unprompted, following up on past chats to boost engagement on its AI Studio platform� -� - Meta is training custom AI chatbots to send unprompted follow-up messages and boost user engagement.

http://www.techmeme.com/250703/p11#a250703p11

;IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/250703/i12.jpg">
Carl Zimmer / New York Times:
;esearchers detail Centaur, a modified version of Llama trained on 10M+ responses from 160 psychological experiments, in an attempt to mimic human cognition� -� To better understand human cognition, scientists trained a large language model on 10 million psychology experiment questions.

http://www.techmeme.com/250703/p12#a250703p12

Wall Street Journal:
Ford CEO Jim Farley, Andy Jassy, and other CEOs are now predicting AI will significantly cut white collar jobs, a shift from a reluctance to acknowledge losses� -� Ford chief predicts AI will replace 'literally half of all white-collar workers'� -� CEOs are no longer dodging the question of whether AI takes jobs.

http://www.techmeme.com/250703/p13#a250703p13

Business Insider:
Leaked documents: Meta is training custom AI chatbots to message users unprompted, following up on past chats to boost engagement on its AI Studio platform� -� - Meta is training custom AI chatbots to send unprompted follow-up messages and boost user engagement.

http://www.techmeme.com/250703/p11#a250703p11

Gian Volpicelli / Bloomberg:
ASML, Mistral, SAP, and 110+ European companies urge the EU to delay the implementation of its AI Act, saying it puts the bloc's AI ambitions at risk� -� European companies including ASML Holding NV, Airbus SE and Mistral AI have called on the European Union to suspend the implementation ...

http://www.techmeme.com/250703/p14#a250703p14

Bhavya Sukheja / NDTV:
Mixpanel founder Suhail Doshi calls out Soham Parekh, who he says "works at 3-4 startups at the same time" and has "been preying on YC companies and more"� -� The AI founder shared Soham Parekh's resume, which shows that the techie has worked at Dynamo AI, Union AI ...

http://www.techmeme.com/250703/p15#a250703p15

Reuters:
Sources: JD.com and Ant are lobbying the People's Bank of China to authorize yuan-based, Hong Kong-issued stablecoins to promote the yuan and counter USD coins� -� China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins ...

http://www.techmeme.com/250703/p16#a250703p16

Jason Schreier / Bloomberg:
Sources: Microsoft cut hundreds of Xbox jobs across studios, including King, ZeniMax, and Halo Studios, and cancels games like the new Perfect Dark and Everwild� -� Hundreds of people were laid off as the company canceled upcoming games such as Perfect Dark and Everwild

http://www.techmeme.com/250703/p17#a250703p17

Sarah Perez / TechCrunch:
Similarweb: since Google launched AI Overviews, the number of news searches that result in no click-throughs has grown from 56% in May 2024 to 69% in May 2025� -� Referrals from ChatGPT to news publishers are growing, but not enough to counter the decline in clicks resulting ...

http://www.techmeme.com/250703/p8#a250703p8

Gian Volpicelli / Bloomberg:
ASML, Mistral AI, and 40+ European companies urge the EU to delay the implementation of its AI Act for two years, saying it puts the bloc's AI ambitions at risk� -� European companies including ASML Holding NV, Airbus SE and Mistral AI have called on the European Union to suspend the implementation ...

http://www.techmeme.com/250703/p14#a250703p14

Aamir Siddiqui / Android Authority:
Samsung's One UI 8 build animation files show its future tri-fold phone, with three rear panels and two inward-folding hinges, rumored to be the Galaxy G Fold� -� Samsung may unveil its tri-fold foldable phone with dual hinges soon - here's your first animated look!� -� �� -� �

http://www.techmeme.com/250703/p18#a250703p18

Samuel Axon / Ars Technica:
Sources detail EA's issues developing the next Battlefield, which now has a $400M+ budget; some staff were skeptical of the EA leadership's 100M player target� -� EA insiders describe stress and setbacks in a project that's too big to fail.� -� It's been 23 years since the first Battlefield game ...

http://www.techmeme.com/250703/p19#a250703p19

Cameron Faulkner / The Verge:
Xbox says Arrowhead's Helldivers 2 will arrive on the Xbox Series X and S on August 26 for $40, the first PlayStation-published title to launch on Xbox� -� Sony is bringing its popular live-service third-person shooter to more players. ... Arrowhead Game Studios' Helldivers 2 will make the jump ...

http://www.techmeme.com/250703/p20#a250703p20

Kirk Ogunrinde / Bloomberg:
Bitcoin's implied volatility has fallen to its lowest level in about two years, per Deribit, and BTC has traded between $93K and $111K over the past two months� -� With Bitcoin stuck in a narrow trading range for much of the year, one of key attractions of the largest digital currency since its earliest days is waning.

http://www.techmeme.com/250703/p9#a250703p9

Bhavya Sukheja / NDTV:
Mixpanel co-founder Suhail Doshi calls out Soham Parekh, who he says "works at 3-4 startups at the same time" and has "been preying on YC companies and more"� -� The AI founder shared Soham Parekh's resume, which shows that the techie has worked at Dynamo AI, Union AI ...

http://www.techmeme.com/250703/p15#a250703p15

Cameron Faulkner / The Verge:
Xbox says Arrowhead Game Studios' Helldivers 2 will debut on the Xbox Series X and S on August 26 for $40, the first PlayStation-published title to come to Xbox� -� Sony is bringing its popular live-service third-person shooter to more players. ... Arrowhead Game Studios' Helldivers 2 ...

http://www.techmeme.com/250703/p20#a250703p20

Ryan Gould / Bloomberg:
Thoma Bravo strikes a $2B deal to acquire restaurant software maker Olo, paying $10.25 per share, representing a 65% premium over Olo's share price on April 30� -� Thoma Bravo has struck a $2 billion deal to acquire restaurant software maker Olo Inc. in a sign that private equity firms ...

http://www.techmeme.com/250703/p21#a250703p21

Ben Weiss / Fortune:
The Open Platform, a key TON developer that is behind Telegram's Wallet, raised a $28.5M Series A at a $1B valuation, bringing its total funding to $70M+� -� Telegram is one of the most popular messaging apps in the world.� -� Crypto has a new unicorn.� The Open Platform ...

http://www.techmeme.com/250703/p22#a250703p22

;IMG VSPACE="4" HSPACE="4" BORDER="0" ALIGN="RIGHT" SRC="http://www.techmeme.com/250703/i12.jpg">
Carl Zimmer / New York Times:
;esearchers detail Centaur, a modified version of Llama trained on 10M+ human responses from 160 psychological experiments to better understand human cognition� -� To better understand human cognition, scientists trained a large language model on 10 million psychology experiment questions.

http://www.techmeme.com/250703/p12#a250703p12

Wall Street Journal:
Ford CEO Jim Farley, Andy Jassy, and other CEOs are now predicting AI will significantly replace white collar workers, a shift from dodging job loss questions� -� Ford chief predicts AI will replace 'literally half of all white-collar workers'� -� CEOs are no longer dodging the question of whether AI takes jobs.

http://www.techmeme.com/250703/p13#a250703p13

Aamir Siddiqui / Android Authority:
Samsung's One UI 8 animation files show its future tri-fold phone, with three rear panels and two inward-folding hinges, rumored to be called the Galaxy G Fold� -� Samsung may unveil its tri-fold foldable phone with dual hinges soon - here's your first animated look!� -� �� -� �

http://www.techmeme.com/250703/p18#a250703p18

Samuel Axon / Ars Technica:
Sources detail EA's issues developing the next Battlefield, which now has a $400M+ budget; few staff believed EA leadership's 100M player target was achievable� -� EA insiders describe stress and setbacks in a project that's too big to fail.� -� It's been 23 years since the first Battlefield game ...

http://www.techmeme.com/250703/p19#a250703p19

Ben Weiss / Fortune:
The Open Platform, a key TON developer that is behind Telegram's crypto Wallet, raised a $28.5M Series A at a $1B valuation, bringing its total funding to $70M+� -� Telegram is one of the most popular messaging apps in the world.� -� Crypto has a new unicorn.

http://www.techmeme.com/250703/p22#a250703p22

Will Oremus / Washington Post:
An i;terview with X VP of Product Keith Coleman about plans to let developers program AI agents to propose Community Notes notes, the old system, and more� -� The Washington Post's essential guide to tech policy news� -� Send news tips to: will.oremus@washpost.com

http://www.techmeme.com/250703/p23#a250703p23

Anthony Hughes / Bloomberg:
Austin-based Ambiq Micro, which makes ultra-low power chips, files for an IPO and reports an $8.3M net loss on $15.7M in revenue in the three months to March 31� -� The Austin-based company's chips are used in personal devices like fitness trackers, and industrial applications such as crop monitoring ...

http://www.techmeme.com/250703/p24#a250703p24

Will Oremus / Washington Post:
An i;terview with X VP of Product Keith Coleman about plans to let developers program AI agents to propose Community Notes, the old system, and more� -� The Washington Post's essential guide to tech policy news� -� Send news tips to: will.oremus@washpost.com

http://www.techmeme.com/250703/p23#a250703p23

Kif Leswing / CNBC:
CoreWeave receives Nvidia's Blackwell Ultra servers built by Dell, becoming the first cloud provider to install systems based on Nvidia's latest AI chips� -� Nvidia's Blackwell Ultra chips, the company's next-generation graphics processor for artificial intelligence, have been commercially deployed ...

http://www.techmeme.com/250703/p25#a250703p25

Ashley Capoot / CNBC:
Ilya Sutskever becomes the CEO of Safe Superintelligence, the AI startup he co-founded after leaving OpenAI; Meta reportedly poached previous CEO Daniel Gross� -� OpenAI co-founder Ilya Sutskever said he will assume the CEO role at Safe Superintelligence, the artificial intelligence startup he launched last year.

http://www.techmeme.com/250703/p26#a250703p26

Aaron Tilley / The Information:
Sources: In 2024, Apple explored a cloud service renting its own chips to developers; it spends ~$7B per year on renting Nvidia chips from AWS and Google� -� Apple over the past few years considered launching a business renting out its servers to the millions of developers that create apps ...

http://www.techmeme.com/250703/p27#a250703p27

Lucinda Shen / Axios:
Founders Fund-backed Ondo Finance and Pantera Capital launch a $250M fund to invest in real-world asset tokenization projects via equity stakes and tokens� -� Founder's Fund-backed Ondo Finance and crypto investor Pantera Capital plan to invest $250 million in real-world asset projects ...

http://www.techmeme.com/250703/p28#a250703p28

Aaron Tilley / The Information:
Sources: in 2024, Apple explored a cloud service renting its own chips to developers; it spends ~$7B per year on renting Nvidia chips from AWS and Google� -� Apple over the past few years considered launching a business renting out its servers to the millions of developers that create apps ...

http://www.techmeme.com/250703/p27#a250703p27

Ivan Mehta / TechCrunch:
Google rolls out its Veo 3 video generation model to Google's AI Pro subscribers in more than 159 countries, with a cap of three videos per day� -� Google on Thursday said it has begun rolling out its Veo 3 video generation model to Gemini users in more than 159 countries.

http://www.techmeme.com/250703/p29#a250703p29

Jordan Blum / Fortune:
How Trump's One Big, Beautiful Bill, which was approved by Congress, could cost the US the AI race by handicapping efforts to meet data center power demands� -� America is facing an energy imperative: Grow power from all sources or face potential failure.� -� That's failure in the race ...

http://www.techmeme.com/250703/p30#a250703p30

Kyt Dotson / SiliconANGLE:
London-based Hived, which offers an AI-based logistics and parcel delivery service, raised a $42M Series B led by NordicNinja� -� London-based parcel delivery startup Hived Ltd.today said it has raised $42 million in early-stage funding aimed at supporting the company's expansion into regional markets ...

http://www.techmeme.com/250703/p31#a250703p31

Yuliya Chernova / Wall Street Journal:
Sources: Meta offers to buy ~49% of Nat Friedman and Daniel Gross's VC fund NFDG; about half of NFDG's first fund of ~$1.1B, raised in 2023, has been invested� -� Meta Platforms is offering to buy a minority stake in funds of the venture firm founded by two of its key artificial intelligence recruits ...

http://www.techmeme.com/250703/p32#a250703p32

Ashley Capoot / CNBC:
Ilya Sutskever becomes CEO of SSI, with co-founder Daniel Levy as president; the technical team will continue reporting to Sutskever� -� OpenAI co-founder Ilya Sutskever said he will assume the CEO role at Safe Superintelligence, the artificial intelligence startup he launched last year.

http://www.techmeme.com/250703/p26#a250703p26

Bloomberg:
Daniel Gross is leaving Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab� -� Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup Safe Superintelligence Inc. ...

http://www.techmeme.com/250703/p33#a250703p33

Arjun Kharpal / CNBC:
Counterpoint Research: Apple's iPhone sales in China grew 8% YoY in Q2 2025, the first time Apple has recorded growth in China since Q2 2023� -� Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said ...

http://www.techmeme.com/250703/p34#a250703p34

Charlie Savage / New York Times:
� -� In purporting to license otherwise illegal conduct by tech firms, President Trump set a precedent expanding executive power, legal experts warned.

http://www.techmeme.com/250703/p35#a250703p35

Nikkei Asia:
Sources: Samsung is delaying completion of its Texas fab due to a lack of customers; the plant was meant to come online in 2024 before being pushed to 2026� -� SEOUL/TAIPEI - Samsung Electronics is delaying completion of a semiconductor factory in the U.S. state of Texas ...

http://www.techmeme.com/250703/p36#a250703p36

Yuliya Chernova / Wall Street Journal:
Tel Aviv-based Wonderful, which develops customer support AI agents for businesses in non-English speaking countries, raised a $34M seed led by Index Ventures� -� Many AI-agent developers are set on conquering the U.S. market.� Not Wonderful.� The Tel Aviv startup raised $34 million ...

http://www.techmeme.com/250703/p37#a250703p37

Brian O'Donovan / RT�:
Meta said it supports proposals for an EU-wide age of digital adulthood, below which minors would need parental consent to use social media� -� Meta, the parent company of Facebook, Instagram and WhatsApp, has said it supports proposals for a common digital majority age across EU member states.

http://www.techmeme.com/250704/p1#a250704p1

Wired:
A look at Scattered Spider, a group of mainly young UK and US hackers using targeted social engineering to gain access to company systems and install ransomware� -� The Scattered Spider hacking group has caused chaos among retailers, insurers, and airlines in recent months.

http://www.techmeme.com/250704/p2#a250704p2

Matt Levine / Bloomberg:
As companies like SpaceX, Stripe, and OpenAI stay private longer, tokenized stocks on blockchains offer a way for the public to access lucrative private markets� -� Also BlackRock and privates, Vanguard and privates, the Paramount settlement and Enron 2.0.� -� 'Tokenization'

http://www.techmeme.com/250704/p3#a250704p3

Yang Jie / Wall Street Journal:
Sources: TSMC delays construction of its second plant in Japan, originally planned for early 2025, to invest in US expansion ahead of potential Trump tariffs� -� Taiwanese semiconductor maker accelerates investment in Arizona� -� TOKYO-Taiwan Semiconductor Manufacturing is delaying construction ...

http://www.techmeme.com/250704/p4#a250704p4

Foo Yun Chee / Reuters:
The EU says it has no plans to pause the implementation of the AI Act, after Meta, Google, Mistral, ASML, and others urged it to delay the rules by years� -� The European Union's landmark rules on artificial intelligence will be implemented according to the timeline agreed by legislators and EU countries ...

http://www.techmeme.com/250704/p5#a250704p5

Gian Volpicelli / Bloomberg:
Sources: Google plans to propose a price comparison box at the top of search results in EU, featuring ranked options from competitors, to avoid DMA fines� -� Under the plan, a box at the top of Google's search results will show ranked options from price-comparison companies' websites ...

http://www.techmeme.com/250704/p6#a250704p6

Yuliya Chernova / Wall Street Journal:
Sources: Meta offers to buy up to 49% of Nat Friedman and Daniel Gross' VC firm NFDG, which has invested about half of its first fund of ~$1.1B, raised in 2023� -� Meta Platforms is offering to buy a minority stake in funds of the venture firm founded by two of its key artificial intelligence recruits ...

http://www.techmeme.com/250703/p32#a250703p32

Bloomberg:
Daniel Gross leaves Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab and work on AI products� -� Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup Safe Superintelligence Inc. ...

http://www.techmeme.com/250703/p33#a250703p33

Mackenzie Hawkins / Bloomberg:
Sources: the US plans to restrict shipments of AI chips to Malaysia and Thailand, as part of an effort to crack down on suspected chip smuggling into China� -� President Donald Trump's administration plans to restrict shipments of AI chips from the likes of Nvidia Corp. to Malaysia and Thailand ...

http://www.techmeme.com/250704/p7#a250704p7

Kyt Dotson / SiliconANGLE:
London-based Hived, which offers an AI-based logistics and parcel delivery service purpose-built for ecommerce, raised a $42M Series B led by NordicNinja� -� London-based parcel delivery startup Hived Ltd.today said it has raised $42 million in early-stage funding aimed at supporting ...

http://www.techmeme.com/250703/p31#a250703p31

Arjun Kharpal / CNBC:
Counterpoint Research: iPhone sales in China grew 8% YoY in Q2 2025, boosted by discounts, the first time Apple has recorded growth in China since Q2 2023� -� Apple iPhone sales in China rose in the second quarter of the year for the first time in two years, Counterpoint Research said ...

http://www.techmeme.com/250703/p34#a250703p34

Nikkei Asia:
Sources: Samsung is delaying the completion of its Texas fab due to a lack of customers; the plant was meant to come online in 2024, but has been pushed to 2026� -� SEOUL/TAIPEI - Samsung Electronics is delaying completion of a semiconductor factory in the U.S. state of Texas ...

http://www.techmeme.com/250703/p36#a250703p36

Brian O'Donovan / RT�:
Meta says it backs proposals for an EU-wide age of digital adulthood, below which minors would need parental consent to use social media, calling it "effective"� -� Meta, the parent company of Facebook, Instagram and WhatsApp, has said it supports proposals for a common digital majority age across EU member states.

http://www.techmeme.com/250704/p1#a250704p1

Wired:
A look at Scattered Spider, a group of mostly young UK and US hackers using targeted social engineering to gain access to company networks and deploy ransomware� -� The Scattered Spider hacking group has caused chaos among retailers, insurers, and airlines in recent months.

http://www.techmeme.com/250704/p2#a250704p2

Foo Yun Chee / Reuters:
The European Commission says it won't pause the rollout of its AI Act, after Alphabet, Meta, Mistral, ASML, and others urged the EU to delay the rules by years� -� The European Union's landmark rules on artificial intelligence will be implemented according to the timeline agreed by legislators ...

http://www.techmeme.com/250704/p5#a250704p5

Gian Volpicelli / Bloomberg:
Sources: Google plans to propose a price comparison box at the top of search results in the EU, featuring ranked options from competitors, to avoid DMA fines� -� Under the plan, a box at the top of Google's search results will show ranked options from price-comparison companies' websites ...

http://www.techmeme.com/250704/p6#a250704p6

Mackenzie Hawkins / Bloomberg:
Sources: the Trump administration plans to curb AI chip shipments to Malaysia and Thailand, as part of an effort to crack down on suspected smuggling into China� -� President Donald Trump's administration plans to restrict shipments of AI chips from the likes of Nvidia Corp. to Malaysia and Thailand ...

http://www.techmeme.com/250704/p7#a250704p7

Salvador Rodriguez / CNBC:
Sam Altman says he believes in "techno-capitalism" and is "politically homeless" as Democrats no longer encourage a "culture of innovation and entrepreneurship"� -� OpenAI CEO Sam Altman posted on X Friday, saying he finds himself "politically homeless" ...

http://www.techmeme.com/250704/p8#a250704p8

Yang Jie / Wall Street Journal:
Sources: TSMC delays the construction of its second plant in Japan, initially slated for early 2025, to invest in US expansion ahead of potential Trump tariffs� -� Taiwanese semiconductor maker accelerates investment in Arizona� -� TOKYO-Taiwan Semiconductor Manufacturing is delaying construction ...

http://www.techmeme.com/250704/p4#a250704p4

Foo Yun Chee / Reuters:
Doc: UK's Independent Publishers Alliance files an antitrust complaint with EU and the UK CMA against Google, alleging misuse of web content for AI Overviews� -� Alphabet's (GOOGL.O) Google has been hit by an EU antitrust complaint over its AI Overviews from a group of independent publishers ...

http://www.techmeme.com/250704/p9#a250704p9

Murad Hemmadi / The Logic:
Sources: Nvidia's deal to buy CentML, which offers tools to optimize the running of AI models on chips, could exceed $400M; CentML raised a $27M seed in 2023� -� TORONTO - Nvidia's deal to acquire Canadian AI startup CentML could exceed US$400 million in value, The Logic has learned.� -� Exclusive

http://www.techmeme.com/250704/p10#a250704p10

Joshua Nevett / BBC:
UK minister instructs the Turing AI institute, which has lately focused on responsible AI and ethics, to prioritize national security and defense instead� -� Science and Technology Secretary Peter Kyle has written to the UK's national institute for artificial intelligence (AI) to tell its bosses to refocus on defence and security.

http://www.techmeme.com/250704/p11#a250704p11

KBKG:
President Trump signs the One Big Beautiful Bill, which allows immediate deduction of US software labor; foreign R&D still must be amortized over 15 years� -� Today, the House passed the Senate's version of the "One Big Beautiful Bill Act" (OBBBA), marking a significant overhaul to federal tax policy.

http://www.techmeme.com/250704/p12#a250704p12

Dan Primack / Axios:
PitchBook: AI startups received 53% of all global VC dollars invested in H1 2025, rising to 64% in the US, and accounted for 29% of all global startups funded� -� Artificial intelligence is eating venture capital.� Or at least its dollars. ... - That percentage jumps to 64% in the U.S.

http://www.techmeme.com/250704/p13#a250704p13

Reuters:
LumApps, which makes intranet software, agrees to merge with frontline staff communication app Beekeeper in a deal valuing the combined entity at about $1.1B� -� A merger between French business software provider LumApps and its Swiss peer Beekeeper will create a new unicorn worth about $1.1 billion, the two companies said.

http://www.techmeme.com/250704/p14#a250704p14

Anna Heim / TechCrunch:
Tel Aviv-based Qedma, which is developing an error mitigation software called QESEM for quantum computers, raised a $26M Series A led by Glilot Capital Partners� -� Despite their imposing presence, quantum computers are delicate beasts, and their errors are among the main bottlenecks ...

http://www.techmeme.com/250705/p1#a250705p1

Ben Geman / Axios:
Emerald AI, whose software lets AI data centers flexibly adjust power consumption, raised a $24.5M seed led by Radical Ventures, with NVentures participating� -� AI giant Nvidia and boldface names in tech and finance are backing a new startup that aims to transform data centers into flexible grid assets instead of liabilities.

http://www.techmeme.com/250705/p2#a250705p2

Ryan Gould / Bloomberg:
Blackstone acquires Vista Equity Partners' minority stake in event software company Cvent, sources say for $1.3B; Blackstone acquired Cvent for $4.6B in 2023� -� Blackstone is acquiring Vista's stake in Cvent for $1.3 billion, according to people familiar with the matter ...

http://www.techmeme.com/250705/p3#a250705p3

Kate Park / TechCrunch:
Tailor, which offers a headless ERP system for retail businesses that separates the frontend and backend, raised a $22M Series A from ANRI, NEA, YC, and others� -� Tailor, a San Francisco- and Tokyo-based enterprise resource planning (ERP) platform, has raised $22 million in a Series A funding round.

http://www.techmeme.com/250705/p4#a250705p4

RT Watson / The Block:
Distinct Possibility, a gaming studio launched by EverQuest co-creator to build a web3 shooter on Etherlink, a Layer 2 network built on Tezos, raised $30.5M� -� - Bitkfraft Ventures and Brevan Howard Digital co-led a $30.5 million funding round in Distinct Possibility Studios, the new gaming firm from EverQuest co-creator John Smedley.

http://www.techmeme.com/250705/p5#a250705p5

Shirin Ghaffary / Bloomberg:
The term "superintelligence" is becoming increasingly popular among AI leaders, even as many in the industry question whether it is ill-defined and overhyped� -� A new AI buzzword is picking up speed in Silicon Valley.� -� But first....� AGI inflation

http://www.techmeme.com/250705/p6#a250705p6

Shaurya Malwa / CoinDesk:
Two dormant Bitcoin wallets, each holding 10,000 "Satoshi era" BTC since 2011, transferred the coins to new wallets using a modern, lower-fee address format� -� All of these moved coins are among the rarest class of BTC: mined or transacted during the "Satoshi era," ...

http://www.techmeme.com/250705/p7#a250705p7

Olga Kharif / Bloomberg:
Over the past year, long-time Bitcoin whales have been selling off their holdings, leading to a reshaping of the market as institutions increase their buying� -� A silent transfer of control is reshaping the $2.1 trillion Bitcoin market.� -� A steady stream of sales by long-time whales ...

http://www.techmeme.com/250705/p8#a250705p8

Rachyl Jones / Semafor:
A look at Meta's recent hires for its nascent superintelligence unit, including Pei Sun, who developed two generations of Waymo's perception models� -� Meta's new hires offer a glimpse into its nascent superintelligence unit, aimed at making the social media company's AI capabilities more competitive with industry leaders.

http://www.techmeme.com/250705/p9#a250705p9

Jesse Coghlan / Cointelegraph:
House GOP leaders announce a regulatory Crypto Week from July 14 to July 18 to consider three key crypto bills, including the Senate-led GENIUS Act� -� US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they've dubbed "Crypto Week."

http://www.techmeme.com/250705/p10#a250705p10

Debby Wu / Bloomberg:
Foxconn reports Q1 revenue up 15.8% YoY to ~$62B, driven by strong demand for iPhones and AI servers powered by Nvidia chips, meeting analysts' expectations� -� Revenue totaled NT$1.8 trillion ($62 billion) in the three months to June, largely in line with analysts' expectations, results showed Saturday.

http://www.techmeme.com/250705/p11#a250705p11

MacKenzie Sigalos / CNBC:
A look at the annual Ethereum Community Conference, or EthCC, Ethereum's flagship European event, held in Cannes this year to showcase the network's growth� -� CANNES - Wall Street's new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas ...

http://www.techmeme.com/250705/p12#a250705p12

Lawrence Abrams / BleepingComputer:
Source: an ongoing outage at IT giant Ingram Micro is caused by a ransomware attack from SafePay, which has become one of the more active operations in 2025� -� An ongoing outage at IT giant Ingram Micro is caused by a SafePay ransomware attack that led to the shutdown of internal systems, BleepingComputer has learned.

http://www.techmeme.com/250705/p13#a250705p13

Anna Heim / TechCrunch:
Tel Aviv-based Qedma, which is developing error mitigation software for quantum computers called QESEM, raised a $26M Series A led by Glilot Capital Partners� -� Despite their imposing presence, quantum computers are delicate beasts, and their errors are among the main bottlenecks ...

http://www.techmeme.com/250705/p1#a250705p1

Kate Park / TechCrunch:
Tailor, which offers a headless ERP system for retail businesses that separates the front end and back end, raised a $22M Series A from ANRI, NEA, YC, others� -� Tailor, a San Francisco- and Tokyo-based enterprise resource planning (ERP) platform, has raised $22 million in a Series A funding round.

http://www.techmeme.com/250705/p4#a250705p4

Lawrence Abrams / BleepingComputer:
Source: an ongoing outage at IT giant Ingram Micro is caused by a ransomware attack from SafePay, which has become one of the more active operations of 2025� -� An ongoing outage at IT giant Ingram Micro is caused by a SafePay ransomware attack that led to the shutdown of internal systems, BleepingComputer has learned.

http://www.techmeme.com/250705/p13#a250705p13

Marina Temkin / TechCrunch:
Cluely says its ARR hit $7M after signing a public company; a startup called Pickle says it built Glass, an open source, free product similar to Cluely� -� Cluely's revenue has skyrocketed to about $7 million in ARR since it launched its new enterprise product a week ago, founder Roy Lee told TechCrunch.

http://www.techmeme.com/250705/p14#a250705p14

Nikkei Asia:
Investigation: preprint research papers on arXiv from 14 academic institutions in eight countries had hidden prompts telling AI tools to give positive reviews� -� Instructions in preprints from 14 universities highlight controversy on AI in peer review� -� TOKYO - Research papers ...

http://www.techmeme.com/250705/p15#a250705p15

Shadma Shaikh / MIT Technology Review:
A look at India's push to compete in the global AI race, as the country's vast linguistic diversity poses a core challenge to building foundational AI models� -� In Bengaluru, India, Adithya Kolavi felt a mix of excitement and validation as he watched DeepSeek unleash its disruptive language model on the world earlier this year.

http://www.techmeme.com/250705/p16#a250705p16

Catherine Perloff / The Information:
Sources: Google told publishers it is hiring new staff to market its ad tech to big advertisers and ad agencies, signaling a renewed focus on publisher ad tech� -� Google's relations with publishers have suffered lately, as its shift to AI-powered searches has hurt traffic being sent to publishers' web sites.

http://www.techmeme.com/250705/p17#a250705p17

Indragie Karunaratne / My Portfolio:
A developer details how he shipped Context, a native macOS app that was almost 100% built using Claude Code� -� I recently shipped Context, a native macOS app for debugging MCP servers.� The goal was to build a useful developer tool that feels at home on the platform, powered by Apple's SwiftUI framework.

http://www.techmeme.com/250705/p18#a250705p18

France 24:
The Colombian navy says it has seized an unmanned narco-submarine that was equipped with a Starlink terminal, enabling the sub to be controlled remotely� -� The Colombian navy on Wednesday seized its first unmanned narco-submarine, equipped with a Starlink antenna, off the Caribbean coast.

http://www.techmeme.com/250705/p19#a250705p19

Christopher Mims / Wall Street Journal:
How Clorox is using generative AI for ad creation, brainstorming new products, and analyzing consumer reviews, as part of a five-year, $580M digital overhaul� -� Clorox employees' experiments with generative AI delivered new R&D ideas, better customer insights-and some misfires like 'bleachless bleach'

http://www.techmeme.com/250705/p20#a250705p20

Andrew Edgecliffe-Johnson / Semafor:
An interview with Autodesk CEO Andrew Anagnost on settling the proxy fight with Starboard Value, serving the "design and make" workforce, US reshoring, and more� -� This article first appeared in The CEO Signal.� Request an invitation.� -� THE SIGNAL INTERVIEW

http://www.techmeme.com/250705/p21#a250705p21

Davis Janowski / Wealth Management:
Savvy Wealth, a digital wealth management service for financial advisors, raised a $72M Series B led by Industry Ventures, taking its total funding to $100M+� -� The AI-driven, automation-focused platform provider has attracted advisors to its RIA unit at a steady clip as well.

http://www.techmeme.com/250705/p22#a250705p22

Wall Street Journal:
Analysts estimate AI services within Microsoft Azure generated $11.5B in revenue in the just-ended fiscal year, up 100%+ YoY but only ~4% of Microsoft's revenue� -� AI has propelled the two companies toward an exclusive club, but Microsoft's path forward is more complicated

http://www.techmeme.com/250706/p1#a250706p1

Robert Frank / CNBC:
The One Big Beautiful Bill Act expands Qualified Small Business Stock benefits for VCs, founders, and startup staff, raising tax-free gains from $10M to $15M� -� The wealthy will likely see a host of new tax breaks in President Donald Trump's "big beautiful bill," along with permanent extensions ...

http://www.techmeme.com/250706/p2#a250706p2

Richard Waters / Financial Times:
PitchBook: VC exits through public listings, acquisitions, and buyouts reached $67.7B in Q2 2025, up from $38.5B a year ago and the strongest showing since 2021� -� Figma listing plans might raise hopes of a rise in IPO activity� -� When design software company Figma revealed its plans ...

http://www.techmeme.com/250706/p3#a250706p3

SemiAnalysis:
A look at DeepSeek's impact on the AI model race and market share landscape, roughly 150 days after DeepSeek R1 shook stock markets and the Western AI world� -� SemiAnalysis is hiring an analyst in New York City for Core Research, our world class research product for the finance industry.

http://www.techmeme.com/250706/p4#a250706p4

Manish Singh / India Dispatch:
How Shein is leveraging its Reliance Retail partnership in its return to India, as fashion now accounts for 27% of India's online sales, up from 16% in 2020� -� India's fast-fashion segment grew 30-40% in the year through March� -� Reliance is making a bold bet on Shein ...

http://www.techmeme.com/250706/p5#a250706p5

Andrew Edgecliffe-Johnson / Semafor:
An interview with Autodesk CEO Andrew Anagnost on settling the proxy fight with Starboard Value, serving the "design and make" workforce, US reshoring, and more� -� Twice in the past two years, Andrew Anagnost has found himself under siege from the same activist investor.

http://www.techmeme.com/250705/p21#a250705p21

Louis Ashworth / Financial Times:
A profile of Steam developer Valve, which has a flat corporate structure and high profit per head; Ampere: Steam hit 170M MAUs in May, versus 153M a year prior� -� Peering inside one of the tech world's strangest companies� -� Here at FT Alphaville we love exploring "black hole" companies ...

http://www.techmeme.com/250706/p6#a250706p6

The Block:
DefiLlama: monthly DeFi fees have risen to $577M from an April low of $366M, with major protocols generating $275M through automated market-making services� -� - Major protocols like PancakeSwap have emerged as fee-generating leaders, accumulating $275 million in fees through ...

http://www.techmeme.com/250706/p7#a250706p7

Ian Bogost / The Atlantic:
Velvet Sundown, an AI‑created band with ~850,000 monthly Spotify listeners and two recent albums, shows how some listeners are turning to anodyne AI music� -� " Rubber burns, the map fades away / Chasing the ghosts of yesterday."� Sure, fine.� -� The traffic receded as Chicago withdrew ...

http://www.techmeme.com/250706/p8#a250706p8

New York Times:
� -� More than a decade after the platform cracked down on copyright infringement, thousands of unlicensed movies, TV shows and live sports are available.

http://www.techmeme.com/250706/p9#a250706p9

Belle Lin / Wall Street Journal:
The GSA says Oracle is giving the US government a 75% discount on its license-based software and a "substantial" discount on its cloud service through November� -� The deal could help increase adoption of the tech giant's cloud platform throughout the federal government

http://www.techmeme.com/250706/p10#a250706p10

The Information:
Sources: TikTok plans to launch a new version of its app in the US on September 5, ahead of the Sept. 17 deadline for the US to enforce the divest-or-ban law� -� TikTok is building a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors.

http://www.techmeme.com/250706/p11#a250706p11

Verne Kopytoff / Fortune:
Former Google staffers and others detail why Google's 2013 effort to build Motorola smartphones in Texas failed, as Trump pushes Apple to make iPhones in the US� -� Equivalent in size to nearly eight football fields, the plant began producing the Google Motorola phones in the summer of 2013.

http://www.techmeme.com/250706/p12#a250706p12

Lila Shroff / The Atlantic:
Gemini referencing real-life moments when prompted to write a birthday letter shows how effectively Google is leveraging user data to craft personalized content� -� Google is ushering in an era of custom chatbots.� -� In May, I asked Google's chatbot, Gemini, to write a birthday letter to my best friend.

http://www.techmeme.com/250706/p13#a250706p13

Mishal Husain / Bloomberg:
Q&A with British Library CEO Rebecca Lawrence on dealing with the aftermath of a major October 2023 cyberattack, AI scraping, AI for text analysis, and more� -� Are you reading books - physical books - as much as you used to?� -� Few of us are, and it made me wonder about the path ahead for national libraries.

http://www.techmeme.com/250706/p14#a250706p14

Myles Miller / Bloomberg:
A look at the US Secret Service's GIOC, which sources say helped seize ~$400M in digital assets over the past decade through crypto scam investigations globally� -� The scam began with a message, then a friendly exchange.� A stranger directed the victim to a cryptocurrency investment site ...

http://www.techmeme.com/250706/p15#a250706p15

Ben Dickson / VentureBeat:
Tokyo-based Sakana AI details a new Monte Carlo tree search-based technique that lets multiple LLMs cooperate on a single task, outperforming individual models� -� Japanese AI lab Sakana AI has introduced a new technique that allows multiple large language models (LLMs) to cooperate on a single task ...

http://www.techmeme.com/250706/p16#a250706p16

The Guardian:
After Elon Musk announced a US political party called the America Party, Donald Trump called Musk a "TRAIN WRECK" fueled by discontent over EV subsidies ending� -� US president railed against his former adviser online after tech billionaire said he will start and bankroll America party

http://www.techmeme.com/250706/p17#a250706p17

Ben Cohen / Wall Street Journal:
How the US government launched a revamped online system in September 2024 to simplify passport renewal, which is already handling nearly 50% of all renewals� -� Washington isn't known for tech innovation.� How did a team of bureaucrats put their stamp on a process that hadn't changed in 50 years?

http://www.techmeme.com/250706/p18#a250706p18

Meaghan Tobin / New York Times:
� -� As China vies with Silicon Valley for primacy, Hangzhou, home to DeepSeek and Alibaba, is where its aspiring tech titans mingle and share ideas.

http://www.techmeme.com/250707/p1#a250707p1

Financial Times:
US industrial companies, like Gates Industrial, are seeking to capitalize on the AI boom by ramping up efforts to supply specialized data center equipment� -� Companies are seeking a share of the hundreds of billions of dollars being invested in the fast-growing sector

http://www.techmeme.com/250707/p2#a250707p2

The Information:
Sources: TikTok plans to launch a new version of its app in the US on September 5, ahead of the US' September 17 deadline to enforce the divest-or-ban law� -� TikTok is building a new version of its app for users in the U.S. ahead of a planned sale of the app to a group of investors.

http://www.techmeme.com/250706/p11#a250706p11

The Guardian:
After Elon Musk unveiled the America Party, a new US political party, President Trump called Musk a "TRAIN WRECK" fueled by discontent over EV subsidies ending� -� US president railed against his former adviser online after tech billionaire said he will start and bankroll America party

http://www.techmeme.com/250706/p17#a250706p17

Ben Cohen / Wall Street Journal:
How the US government launched a revamped online system in September 2024 to simplify passport renewal; the system is already handling nearly 50% of renewals� -� Washington isn't known for tech innovation.� How did a team of bureaucrats put their stamp on a process that hadn't changed in 50 years?

http://www.techmeme.com/250706/p18#a250706p18

Ann Cao / South China Morning Post:
Meituan says daily orders on its instant delivery service surpassed 120M on July 5, setting an all-time high, with food orders accounting for 100M of them� -� Daily orders surpassed 120 million on Meituan's instant delivery service platform on Saturday; Taobao and JD.com also reported good volume

http://www.techmeme.com/250707/p3#a250707p3

Emma Jacobs / Financial Times:
On-the-job learning in fields like law and banking faces a dual threat as hybrid work limits juniors' exposure to seniors and gen AI replaces key routine tasks� -� Employers will have to be more deliberate in the training they offer junior staff� -� Jamie Dimon is unequivocal about the impact ...

http://www.techmeme.com/250707/p4#a250707p4

Bloomberg:
France's Capgemini plans to acquire US-listed IT outsourcing company WNS for $3.3B in cash, seeking to boost its agentic AI services; WNS serves 600+ clients� -� France's Capgemini SE plans to acquire IT outsourcing company WNS Holdings Ltd. for $3.3 billion in cash, beating rival suitors to a deal aimed at expanding its AI operations.

http://www.techmeme.com/250707/p5#a250707p5

Juli Clover / MacRumors:
Apple says it is appealing the EU's €500M DMA fine, levied in April 2025 over App Store steering rules, and claims it goes "far beyond what the law requires"� -� Apple is appealing the 500 million euro ($570 million) fine that it is facing in the European Union for allegedly violating the Digital Markets Act.

http://www.techmeme.com/250707/p6#a250707p6

Dominic-Madori Davis / TechCrunch:
An analysis of Crunchbase and PitchBook data shows that in 2025 so far at least 36 tech startups hit a $1B+ valuation, including seven in June and six in May� -� With AI igniting an investor frenzy, every month, more startups obtain unicorn status.� -� Using data from Crunchbase and PitchBook ...

http://www.techmeme.com/250707/p7#a250707p7

Kieran Smith / Financial Times:
Experts say ransomware group DragonForce, which targeted M&S, Harrods, and the Co-op, started a turf war with rival RansomHub, potentially bringing more hacks� -� A clash between rival criminal ransomware groups could result in corporate victims being extorted twice, cyber experts warn

http://www.techmeme.com/250707/p8#a250707p8

Bloomberg:
Huawei's AI lab refutes accusations that its Pangu Pro MoE model source code used uncredited material from rivals, after a GitHub group accused it of copying� -� The Pangu Pro MoE is the world's first model of its kind to be trained on Ascend chips - Huawei's answer to Nvidia Corp.'s AI accelerators ...

http://www.techmeme.com/250707/p9#a250707p9

Ben Dickson / VentureBeat:
Tokyo-based Sakana AI details a new Monte Carlo Tree Search-based technique that lets multiple LLMs cooperate on a single task, outperforming individual LLMs� -� Japanese AI lab Sakana AI has introduced a new technique that allows multiple large language models (LLMs) to cooperate on a single task ...

http://www.techmeme.com/250706/p16#a250706p16

Juli Clover / MacRumors:
Apple appeals the EU's €500M DMA fine, levied in April 2025 over its App Store steering rules, claiming the decision goes "far beyond what the law requires"� -� Apple is appealing the 500 million euro ($570 million) fine that it is facing in the European Union for allegedly violating the Digital Markets Act.

http://www.techmeme.com/250707/p6#a250707p6

Dominic-Madori Davis / TechCrunch:
An analysis of Crunchbase and PitchBook data: in 2025 so far, 36+ tech startups hit a $1B+ valuation, including seven in June, six in May, and four in April� -� With AI igniting an investor frenzy, every month, more startups obtain unicorn status.� -� Using data from Crunchbase and PitchBook ...

http://www.techmeme.com/250707/p7#a250707p7

Kieran Smith / Financial Times:
Experts say ransomware group DragonForce, which targeted M&S, Harrods, and the Co-op, started a turf war with rival RansomHub that may bring more company hacks� -� A clash between rival criminal ransomware groups could result in corporate victims being extorted twice, cyber experts warn

http://www.techmeme.com/250707/p8#a250707p8

Bloomberg:
Huawei's AI lab refutes accusations that its Pangu Pro MoE model source code used uncredited material from key rivals, after a GitHub group debated its origins� -� The Pangu Pro MoE is the world's first model of its kind to be trained on Ascend chips - Huawei's answer to Nvidia Corp.'s AI accelerators ...

http://www.techmeme.com/250707/p9#a250707p9

Zac Bowden / Windows Central:
Stat Counter: Windows 11 had a 50.9% share of the Windows market on July 4, ahead of Windows 10's 46.2%; the OS, released in 2021, only had a � -� After four years on the market, Windows 11 has finally surpassed Windows 10 to become the most dominant desktop OS platform in the world.

http://www.techmeme.com/250707/p10#a250707p10

Ben Cohen / Wall Street Journal:
How the US government debuted a revamped online system in September 2024 that simplifies passport renewal; the system is already handling nearly 50% of renewals� -� Washington isn't known for tech innovation.� How did a team of bureaucrats put their stamp on a process that hadn't changed in 50 years?

http://www.techmeme.com/250706/p18#a250706p18

Financial Times:
Gates Industrial, Generac, and other US industrial firms are seeking to share of the AI boom by increasing efforts to supply specialized data center equipment� -� Companies are seeking a share of the hundreds of billions of dollars being invested in the fast-growing sector

http://www.techmeme.com/250707/p2#a250707p2

Ann Cao / South China Morning Post:
Meituan says daily orders on its instant delivery service surpassed 120M on July 5, setting an all-time high, with food orders accounting for 100M, or 83%� -� Daily orders surpassed 120 million on Meituan's instant delivery service platform on Saturday; Taobao and JD.com also reported good volume

http://www.techmeme.com/250707/p3#a250707p3

Emma Jacobs / Financial Times:
On-the-job learning in fields like law and banking faces a double threat: hybrid work limiting juniors' time with seniors and Gen AI cutting many routine tasks� -� Employers will have to be more deliberate in the training they offer junior staff� -� Jamie Dimon is unequivocal about the impact ...

http://www.techmeme.com/250707/p4#a250707p4

Bloomberg:
Paris-based Capgemini plans to acquire US-listed IT outsourcing company WNS for $3.3B in cash, seeking to boost its agentic AI services; WNS serves 600+ clients� -� France's Capgemini SE plans to acquire IT outsourcing company WNS Holdings Ltd. for $3.3 billion in cash ...

http://www.techmeme.com/250707/p5#a250707p5

Dana Wollman / Bloomberg:
CoreWeave says it agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity� -� The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.

http://www.techmeme.com/250707/p11#a250707p11

Myles Miller / Bloomberg:
A look at the US Secret Service's GIOC, which sources say has seized nearly $400M in digital assets over the past decade via crypto scam investigations globally� -� The scam began with a message, then a friendly exchange.� A stranger directed the victim to a cryptocurrency investment site ...

http://www.techmeme.com/250706/p15#a250706p15

Bloomberg:
Paris-based Capgemini plans to acquire US-listed IT outsourcing company WNS for $3.3B in cash, seeking to boost its agentic AI services; WNS serves 600+ clients� -� The French group said it will take over the US-listed firm for $76.50 per share, a premium of about 28% to WNS's average price over the past 90 days.

http://www.techmeme.com/250707/p5#a250707p5

Dana Wollman / Bloomberg:
CoreWeave says it has agreed to acquire bitcoin miner Core Scientific in a ~$9B all-stock deal, set to close in Q4 2025, to expand its AI data center capacity� -� The transaction values Core Scientific's stock at $20.40 per share, according to a statement from CoreWeave on Monday.

http://www.techmeme.com/250707/p11#a250707p11

Dan Primack / Axios:
PE firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media� -� Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T.

http://www.techmeme.com/250707/p12#a250707p12

Sri Muppidi / The Information:
OpenAI told investors stock compensation jumped over 5x last year to $4.4B, or 119% of total revenue for that period but expects it to drop to under 10% by 2030� -� OpenAI has signaled it will hike pay for some employees in the wake of a raid by Meta Platforms on its artificial intelligence researchers.

http://www.techmeme.com/250707/p13#a250707p13

Kevin Breuninger / CNBC:
President Trump announces 25% tariffs on Japan and South Korea, starting August 1� -� - CNBC Councils� - CNBC on Peacock� - Join the CNBC Panel� - Supply Chain Values� - Select Shopping� - Ad Choices� - News Tips� -� Got a confidential news tip?� We want to hear from you.

http://www.techmeme.com/250707/p14#a250707p14

MacKenzie Sigalos / CNBC:
Jack Dorsey shares TestFlight and GitHub links to his "weekend project", Bitchat, a decentralized P2P messaging iOS app that relies on Bluetooth mesh networks� -� Block CEO Jack Dorsey spent the weekend building Bitchat, a new decentralized, peer-to-peer messaging app that works entirely ...

http://www.techmeme.com/250707/p15#a250707p15

Sean Hollister / The Verge:
Epic reaches a settlement with Samsung, which it sued over allegedly conspiring with Google to undermine third party app stores� -� Epic isn't saying what it got out of Samsung. ... An "Auto Blocker" feature on Samsung Android phones, which was turned on by default, automatically kept users ...

http://www.techmeme.com/250707/p16#a250707p16

Sarah Perez / TechCrunch:
In iOS 26 beta 3, Apple dials back the degree of translucency in many UI elements, following user complaints about Liquid Glass� -� The iPhone's new glassy look has been toned down with Monday's release of the third developer beta of iOS 26.� This follows user complaints that the update ...

http://www.techmeme.com/250707/p17#a250707p17

Kevin Breuninger / CNBC:
President Trump announces 25% tariffs on Japan, South Korea, and Malaysia, starting August 1� -� At least seven countries' imports are set to face steep blanket tariffs starting Aug. 1, President Donald Trump revealed Monday.� -� The president, in a series of social media posts ...

http://www.techmeme.com/250707/p14#a250707p14

Sarah Perez / TechCrunch:
In iOS 26 beta 3, Apple dials back the degree of transparency in many UI elements, following user complaints about Liquid Glass� -� The iPhone's new glassy look has been toned down with Monday's release of the third developer beta of iOS 26.� This follows user complaints that the update ...

http://www.techmeme.com/250707/p17#a250707p17

Kevin Breuninger / CNBC:
Trump announces 25% tariffs on Japan, South Korea, and Malaysia, 32% for Indonesia, 36% for Cambodia and Thailand, 40% for Laos and Myanmar, starting August 1� -� At least 14 countries' imports are set to face steep blanket tariffs starting Aug. 1, President Donald Trump revealed Monday.

http://www.techmeme.com/250707/p14#a250707p14

Emanuel Maiberg / 404 Media:
A look at various responses to AI firms' scraping, like open source Anubis that uses cryptographic JavaScript challenges, Cloudflare's "link mazes", and more� -� For someone who says she is fighting AI bot scrapers just in her free time, Xe Iaso seems to be putting up an impressive fight.

http://www.techmeme.com/250707/p18#a250707p18

Mark Gurman / Bloomberg:
Sources: Ruoming Pang, head of the foundation models team at Apple, is leaving to join Meta, which offered a package worth tens of millions of dollars per year� -� Ruoming Pang, a distinguished engineer and manager in charge of the company's Apple foundation models team, is departing, according to people with knowledge of the matter.

http://www.techmeme.com/250707/p19#a250707p19

Anthony Hughes / Bloomberg:
Quantum computing company IonQ raised $1B via a sale of stock and warrants to Heights Capital Management, an affiliate of Susquehanna International Group� -� Shares of IonQ fell 1.4% to $43.79 apiece as of 10:20 a.m. on Monday in New York.� The stock has more than doubled from $18 each in early March.

http://www.techmeme.com/250707/p20#a250707p20

Kate Clark / Bloomberg:
An open letter signed by 602 founders, VCs, and more urges Sequoia act after Shaun Maguire said Zohran Mamdani "comes from a culture that lies about everything"� -� Startup executives from Dubai to Cupertino are asking Sequoia to apologize for a partner's post on X

http://www.techmeme.com/250707/p21#a250707p21

Reuters:
Samsung projects Q2 operating profit down 56% YoY to $3.3B, vs. $4.5B est., due to struggles in its chip business stemming from US export controls for China� -� Samsung Electronics (005930.KS) on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier ...

http://www.techmeme.com/250707/p22#a250707p22

Ananya Bhattacharya / Rest of World:
Meta's WhatsApp Pay has struggled to gain traction in India in part due to regulators delaying its full launch as well as minimal product upgrades and marketing� -� Despite having 500 million users in India, WhatsApp couldn't crack the country's $3 trillion fintech market.

http://www.techmeme.com/250707/p23#a250707p23

Financial Times:
Sources: OpenAI tightened security, adding biometric checks in offices and isolating sensitive systems, to protect model weights and other IP from espionage� -� Artificial intelligence group has added fingerprint scans and hired military experts to protect important data

http://www.techmeme.com/250708/p1#a250708p1

Rebecca Szkutak / TechCrunch:
The data industry is consolidating, with Databricks' $1B Neon purchase, Salesforce's $8B Informatica deal, and more, fueled by the need for quality data for AI� -� The data industry is on the verge of a drastic transformation.� -� The market is consolidating.

http://www.techmeme.com/250708/p2#a250708p2

Dan Primack / Axios:
Private equity firm TPG completes its $7.6B acquisition of the remaining 70% stake in DirecTV from AT&T, marking AT&T's exit from media� -� Private equity firm TPG completed its $7.6 billion purchase of the 70% stake it didn't already hold in DirecTV from AT&T.

http://www.techmeme.com/250707/p12#a250707p12

Sri Muppidi / The Information:
Document: OpenAI told investors stock compensation jumped over 5x in 2024 to $4.4B, or 119% of its total revenue, but expects it to drop to under 10% by 2030� -� OpenAI has signaled it will hike pay for some employees in the wake of a raid by Meta Platforms on its artificial intelligence researchers.

http://www.techmeme.com/250707/p13#a250707p13

Sarah Perez / TechCrunch:
In iOS 26 beta 3, Apple dials back the degree of transparency in many UI elements, following user complaints about its new Liquid Glass design language� -� The iPhone's new glassy look has been toned down with Monday's release of the third developer beta of iOS 26.

http://www.techmeme.com/250707/p17#a250707p17

Emanuel Maiberg / 404 Media:
A look at various responses to AI companies' scraping, including open source Anubis that uses cryptographic JavaScript challenges and Cloudflare's "link mazes"� -� For someone who says she is fighting AI bot scrapers just in her free time, Xe Iaso seems to be putting up an impressive fight.

http://www.techmeme.com/250707/p18#a250707p18

Reuters:
Samsung projects Q2 operating profit down 56% YoY to $3.3B, below $4.5B est., due to struggles in its chip business stemming from the US' China export controls� -� Samsung Electronics (005930.KS) on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier ...

http://www.techmeme.com/250707/p22#a250707p22

Financial Times:
Italy arrests Chinese citizen Xu Zewei; a source says Xu is linked to hacking group Hafnium that breached Microsoft in 2021 to steal COVID-19 vaccine secrets� -� Xu Zewei suspected of links to Beijing-backed group accused by Washington of stealing Covid-19 vaccine secrets

http://www.techmeme.com/250708/p3#a250708p3

Tage Kene-Okafor / TechCrunch:
Dubai-based Huspy, which offers proptech tools to home buyers, agents, and brokers, raised a $59M Series B led by Balderton, after a $40M+ Series A in June 2022� -� If you walked into a Dubai bank to apply for a mortgage in 2020, chances are you'd spend months buried in paperwork or face ...

http://www.techmeme.com/250708/p4#a250708p4

Dominic Preston / The Verge:
OnePlus launches five products: the midrange €449 Nord 5 smartphone, the €349 Nord CE 5, a smaller €299 Watch 3 wearable, the €119 Buds 4, and the €229 Pad Lite� -� The Nord 5 and Nord CE 5 phones, and the Pad Lite tablet, are all headed to Europe.

http://www.techmeme.com/250708/p5#a250708p5

Natasha Singer / New York Times:
The American Federation of Teachers, the US' second-largest teachers' union, plans to start an AI training hub with $23M from Microsoft, OpenAI, and Anthropic� -� The American Federation of Teachers said it would use the $23 million, including $500,000 from the A.I. start-up Anthropic, to create a national training center.

http://www.techmeme.com/250708/p6#a250708p6

Spencer Soper / Bloomberg:
As Amazon Prime Day begins, some merchants say they can't afford to offer discounts due to Trump's tariffs; Adobe expects $23.8B in sales across the four days� -� Amazon.com Inc.'s Prime Day is slamming into President Donald Trump's trade war, with ever-shifting tariffs prompting some brands ...

http://www.techmeme.com/250708/p7#a250708p7

Richard Lawler / The Verge:
Bluesky rolls out Activity Notifications, letting users receive notifications of new posts and replies from selected accounts, as it expands its sports presence� -� A new update has also added much more control over which notifications users will see, and who can trigger them.

http://www.techmeme.com/250708/p8#a250708p8

Laura Onita / Financial Times:
M&S Chair Archie Norman tells UK parliament that it used the FBI and UK agencies to combat the May cyberattack and confirms DragonForce was behind the attack� -� Chair tells parliamentarians retailer believes Dragon Force was criminal gang behind attack

http://www.techmeme.com/250708/p9#a250708p9

Mark Gurman / Bloomberg:
Sources: Ruoming Pang, the head of Apple's foundation models team, is leaving to join Meta, which offered a package worth tens of millions of dollars per year� -� Ruoming Pang, a distinguished engineer and manager in charge of the company's Apple foundation models team, is departing, according to people with knowledge of the matter.

http://www.techmeme.com/250707/p19#a250707p19

Financial Times:
Sources: OpenAI overhauled its security, adding biometric checks in its offices and isolating sensitive info, to protect IP such as model weights from espionage� -� Artificial intelligence group has added fingerprint scans and hired military experts to protect important data

http://www.techmeme.com/250708/p1#a250708p1

Richard Lawler / The Verge:
Bluesky rolls out Activity Notifications, letting users get push notifications about new posts and replies from specific accounts, as it doubles down on sports� -� A new update has also added much more control over which notifications users will see, and who can trigger them.

http://www.techmeme.com/250708/p8#a250708p8

Stephen Nellis / Reuters:
IBM unveils Power11 chips, its first major Power line update since 2020, available July 25, and says they can detect and respond to ransomware within a minute� -� International Business Machines (IBM.N) on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient ...

http://www.techmeme.com/250708/p10#a250708p10

Rebecca Szkutak / TechCrunch:
The data industry is consolidating, with Databricks acquiring Neon for $1B and Salesforce acquiring Informatica for $8B, as companies want quality data for AI� -� The data industry is on the verge of a drastic transformation.� -� The market is consolidating.

http://www.techmeme.com/250708/p2#a250708p2

Dominic Preston / The Verge:
OnePlus launches five products: the midrange €449 Nord 5 smartphone, the €349 Nord CE 5, a smaller €299 Watch 3, the €119 Buds 4, and the €229 Pad Lite tablet� -� The Nord 5 and Nord CE 5 phones, and the Pad Lite tablet, are all headed to Europe.

http://www.techmeme.com/250708/p5#a250708p5

Natasha Singer / New York Times:
The American Federation of Teachers, the second-largest US teachers' union, says it will open an AI training hub with $23M from Microsoft, OpenAI, and Anthropic� -� The American Federation of Teachers said it would use the $23 million, including $500,000 from the A.I. start-up Anthropic, to create a national training center.

http://www.techmeme.com/250708/p6#a250708p6

Laura Onita / Financial Times:
M&S Chair Archie Norman tells UK parliament that M&S used the FBI and UK agencies to combat the May cyberattack and says M&S believes DragonForce was behind it� -� Chair Archie Norman tells parliamentarians retailer believes Dragon Force was criminal gang behind attack

http://www.techmeme.com/250708/p9#a250708p9

Stephen Nellis / Reuters:
IBM unveils Power11, its first major update to the chips since 2020, available from July 25, and says they can detect and respond to ransomware within a minute� -� International Business Machines (IBM.N) on Tuesday announced a new line of data center chips and servers that it says will be more power-efficient ...

http://www.techmeme.com/250708/p10#a250708p10

Benoit Berthelot / Bloomberg:
France-based chipmaker SiPearl raised a €130M Series A from Taiwan's Cathay Venture and others to develop its ARM-based Rhea1 AI chip, set to feature 80 cores� -� European Union-backed chipmaker SiPearl has raised €130 million ($152 million) from investors including Taiwan's Cathay Venture ...

http://www.techmeme.com/250708/p11#a250708p11

Gen� Teare / Crunchbase News:
In Q2 2025, global VC funding reached $91B, up from $82B in Q2 2024, driven largely by AI investments, but down from $114B in Q1 2025, the highest since Q3 2022� -� Global venture funding ticked up year over year in Q2 2025, with a greater concentration of capital into the largest funding rounds compared ...

http://www.techmeme.com/250708/p12#a250708p12

Andrew R. Chow / Time:
Moonvalley releases Marey, its fully licensed AI video model, available for $14.99, $34.99, or $149.99/month; 80% of its footage is from independent filmmakers� -� The relationship between Hollywood and the AI industry is extremely fraught.� Many filmmakers and industry workers abhor the idea ...

http://www.techmeme.com/250708/p13#a250708p13

Swati Gupta / Bloomberg:
X says the Indian government ordered it to block two Reuters accounts on July 3 and demanded immediate action, then told X to unblock them after "public outcry"� -� X raised serious concerns about India's media laws after the government ordered it to block thousands of accounts ...

http://www.techmeme.com/250708/p14#a250708p14

Chris Metinko / Axios:
AirGarage, whose platform collects and analyzes parking facilities' data to improve efficiency, raised a $23M Series B, bringing its total funding to $41M

http://www.techmeme.com/250708/p15#a250708p15

Gen� Teare / Crunchbase News:
Global VC funding reached $91B in Q2 2025, up from $82B in Q2 2024, driven largely by AI investments, but down from $114B in Q1 2025, the highest since Q3 2022� -� Global venture funding ticked up year over year in Q2 2025, with a greater concentration of capital into the largest funding rounds compared ...

http://www.techmeme.com/250708/p12#a250708p12

Andrew R. Chow / Time:
Moonvalley debuts Marey, its licensed AI video model, for $14.99, $34.99, or $149.99 per month; ~80% of its footage is from independent filmmakers and agencies� -� The relationship between Hollywood and the AI industry is extremely fraught.� Many filmmakers and industry workers abhor the idea ...

http://www.techmeme.com/250708/p13#a250708p13

Swati Gupta / Bloomberg:
X says India ordered it to block 2,355 accounts, including two from Reuters, on July 3, but then told X to unblock the Reuters accounts after a "public outcry"� -� X raised serious concerns about India's media laws after the government ordered it to block thousands of accounts ...

http://www.techmeme.com/250708/p14#a250708p14

Chris Metinko / Axios:
AirGarage, whose platform analyzes parking facilities' data to improve efficiency, raised a $23M Series B led by Headline, bringing its total funding to $41M

http://www.techmeme.com/250708/p15#a250708p15

Niket Nishant / Reuters:
ReserveOne, a cryptocurrency holding company with bitcoin, ethereum, and Solana, plans to list on the Nasdaq through a SPAC deal expected to raise $1B+� -� ReserveOne, a new cryptocurrency holding company with ties to industry veterans and a former U.S. commerce secretary ...

http://www.techmeme.com/250708/p16#a250708p16

Washington Post:
Sour;es: an impostor used AI to mimic Marco Rubio's voice and writing style and contacted foreign ministers, a US governor, and a member of Congress� -� The unknown individual contacted at least five government officials, including three foreign ministers, a U.S. governor and a member of Congress, according to a State Department cable.

http://www.techmeme.com/250708/p17#a250708p17

Jack Ryan / Bloomberg:
El Salvador-based Tether says it holds nearly 80 tons of gold, worth ~$8B, in a vault in Switzerland; precious metals made up nearly 5% of its reserves in March� -� Tether Holdings SA, the issuer of the world's largest stablecoin, has its own vault in Switzerland to hold an $8 billion stockpile of gold ...

http://www.techmeme.com/250708/p18#a250708p18

Alexander Sazonov / Bloomberg:
Dubai-based Xpanceo, which is developing smart contact lenses with night vision, health monitoring, and more, raised a $250M Series A at a $1.35B valuation� -� A Dubai-based startup founded by a Russian and a Ukrainian raised $250 million to develop smart contact lenses that provide night vision ...

http://www.techmeme.com/250708/p19#a250708p19

Tamara Djurickovic / Tech.eu:
Arago, which is developing a photonic chip, codenamed JEF, that is designed to cut AI energy use by ten times at a comparable cost, raised a $26M seed� -� Arago unveils a light-powered processor designed to cut AI energy use by 10×, less than a year after it was founded.

http://www.techmeme.com/250708/p20#a250708p20

Wall Street Journal:
Private stock investment platform Linqto files for bankruptcy, citing SEC and DOJ probes and an internal probe that found users didn't own shares they bought� -� An internal investigation uncovered evidence that Linqto customers never owned the securities they thought they did

http://www.techmeme.com/250708/p21#a250708p21

Bloomberg:
Sources: Meta has bought under 3% of Ray-Ban maker EssilorLuxottica, a stake worth ~€3B, and is considering further investment that could build the stake to ~5%� -� Facebook parent Meta acquired just under 3% of Ray-Ban maker EssilorLuxottica, a stake worth around €3 billion ...

http://www.techmeme.com/250708/p22#a250708p22

Bloomberg:
Sources: Mistral AI is in talks to raise as much as $1B in equity from several investors including Abu Dhabi's MGX; it has raised €1B+ since its 2023 founding� -� French artificial intelligence startup Mistral AI is in talks to raise as much as $1 billion in equity from several investors ...

http://www.techmeme.com/250708/p23#a250708p23

Lorenzo Franceschi-Bicchierai / TechCrunch:
Source: Activision pulled Call of Duty: WWII after hackers exploited a flaw in a PC version, which led to some players getting their computers hacked� -� Games giant Activision took down Call of Duty: WWII due to hackers exploiting a flaw in a specific PC version of the game ...

http://www.techmeme.com/250708/p24#a250708p24

CNBC:
Apple says COO Jeff Williams will retire later this year, and Sabih Khan, Apple's SVP of Operations, will take over much of his role later this month� -� Apple's chief operating officer, Jeff Williams, will retire later this year, Apple said on Tuesday.� -� Current operations leader Sabih Khan ...

http://www.techmeme.com/250708/p25#a250708p25

Andrew J. Hawkins / The Verge:
Waymo introduces teen accounts in Phoenix, allowing teenagers aged 14-17 to use its Waymo One ridehailing service alone with parental approval� -� The robotaxi company is betting parents will trust its technology enough to allow their kids to ride unaccompanied.

http://www.techmeme.com/250708/p26#a250708p26

Anton Shilov / Tom's Hardware:
GlobalFoundries agrees to acquire MIPS, a developer of RISC-V-based solutions and IP, with the deal expected to close in H2 2025� -� For an unknown sum.� -� GlobalFoundries announced on Tuesday that it had entered into a definitive agreement to acquire MIPS, a developer of RISC-V-based solutions and IP.

http://www.techmeme.com/250708/p27#a250708p27

Jody Godoy / Reuters:
A US appeals court blocks FTC's "click-to-cancel" rule, which was set to take effect on July 14, saying it failed to conduct a preliminary cost-benefit analysis� -� A U.S. appeals court blocked a rule that would have required businesses to make it as easy to cancel subscriptions ...

http://www.techmeme.com/250708/p28#a250708p28

Jody Godoy / Reuters:
A US appeals court blocks the FTC's "click-to-cancel" rule that would have taken effect on July 14, saying it didn't conduct a preliminary cost-benefit analysis� -� A U.S. appeals court blocked a rule that would have required businesses to make it as easy to cancel subscriptions ...

http://www.techmeme.com/250708/p28#a250708p28

Wired:
Internal Slack message: OpenAI has hired four high-profile engineers from Tesla, xAI, and Meta, including David Lau, former VP of software engineering at Tesla� -� The new hires are joining OpenAI's scaling team, according to an internal Slack message sent by cofounder Greg Brockman.

http://www.techmeme.com/250708/p29#a250708p29

Julie Bort / TechCrunch:
Replit announces a partnership with Microsoft to make its platform available in the Azure Marketplace and integrate its tech with some Microsoft cloud services� -� Replit on Tuesday announced a strategic partnership deal with Microsoft that should be good for business for both of them.

http://www.techmeme.com/250708/p30#a250708p30

NBC News:
After Musk said Grok was improved "significantly", Grok wrote numerous antisemitic posts, sometimes without any clear prompting; some posts were later deleted� -� In some posts, Grok inserted antisemitic remarks into its answers without any clear prompting.

http://www.techmeme.com/250708/p31#a250708p31

CNBC:
Apple says COO Jeff Williams handing over role to Sabih Khan this month ... Apple's chief operating officer, Jeff Williams, will retire later this year, Apple said on Tuesday.� -� Current operations leader Sabih Khan will take over much of his role later this month, Apple said.

http://www.techmeme.com/250708/p25#a250708p25

NBC News:
After Musk said Grok was improved significantly, Grok wrote numerous antisemitic posts; xAI says it "has taken action to ban hate speech before Grok posts on X"� -� In some posts, Grok inserted antisemitic remarks into its answers without any clear prompting.

http://www.techmeme.com/250708/p31#a250708p31

Chance Miller / 9to5Mac:
Apple says its design team will report to Tim Cook after Jeff Williams retires; Williams was overseeing the team following Evans Hankey's departure in 2023� -� Apple today announced that COO Jeff Williams will retire later this year, with Sabih Khan set to assume the COO role later this month.

http://www.techmeme.com/250708/p32#a250708p32

Mark Gurman / Bloomberg:
Apple says COO Jeff Williams will retire later this year, and Sabih Khan, Apple's SVP of Operations, will take over much of his role later this month� -� Apple Inc. Chief Operating Officer Jeff Williams is retiring as the company's longtime No. 2, marking a major changing of the guard at an already tumultuous time for the iPhone maker.

http://www.techmeme.com/250708/p33#a250708p33

Bloomberg:
An analysis finds Chinese firms aim to buy 115K+ US-sanctioned Nvidia H100 and H200 chips for 39 data centers across China's western deserts, mostly in Xinjiang� -� https://www.bloomberg.com/news/ articles/2025-07-08/latest-tariff-pause - shows-limits-of-trump-s-frenzied- dealmaking

http://www.techmeme.com/250708/p34#a250708p34

Karoline Kan / Bloomberg:
Millions of China's gig workers are having to endure record heat waves without legally mandated "heat wave allowances", cooling breaks, or adequate insurance� -� As the nation swelters, millions of delivery couriers brave deadly temperatures without legal protections or heat pay.

http://www.techmeme.com/250708/p35#a250708p35

Financial Times:
Sources: Apple is in talks to acquire US streaming rights for Formula 1 following the success of F1 the Movie, which has grossed ~$300M at the box office� -� iPhone-maker is challenging Disney's ESPN to screen car series� -� Apple is in talks to acquire the US rights to screen Formula 1 ...

http://www.techmeme.com/250709/p1#a250709p1

Stephanie Chalmers / ABC:
Qantas confirms personal info of 5.7M customers were held on the system compromised in a recent cyberattack, including names, email addresses, and phone numbers� -� In short:� -� Qantas boss Vanessa Hudson says she does not believe the data targeted in a recent cyber attack have yet been released by cyber criminals.

http://www.techmeme.com/250709/p2#a250709p2